Friedman Industries (FRD)
Processes flat-roll steel and makes welded pipe across a U.S. operating network.
Something off on this page? Send us feedback.
Processes metal coil into sheet, plate and slit coil, and makes and distributes welded pipe. The business pairs its flat-roll and tubular products segments with a U.S. processing and distribution network.
Processes metal coil into sheet, plate and slit coil through its flat-roll products segment, while its tubular products segment manufactures electric-resistance-welded pipe and distributes pipe through Texas Tubular Products. The work spans processing, distribution and pipe production for steel-product makers and steel and pipe distributors.
Operations are concentrated in the United States, with coil-processing sites across multiple states and Florida operations expanded by Century Metals. Temper-mill, cut-to-length, stretcher-leveler, corrective-leveling and slitting capabilities shape the flat-roll network. Demand for processed coil, pipe and related distribution services, together with utilization of geographically distributed processing equipment, shapes the business.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $5.0M · Total debt $101.3M · Total assets $373.4M · Shareholders' equity $164.2M
- Revenue
- $240.0M
- Operating income
- $21.0M
- Net income
- $12.5M
HistoryDividendAnnual yield
| Institutions | 54.01% | 3.90M shares | |
|---|---|---|---|
| 83 holders · as of Jun 30, 2026 | |||
| Insiders | 6.97% | 503.0K shares | |
| 10 holders · as of Jun 22, 2026 | |||
| Strategic holders | 11.12% | 802.0K shares | |
| 2 holders · as of Feb 17, 2022 | |||
| Other | 27.90% | 2.01M shares | |
| remainder | |||
7.21M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Dimensional Fund Advisors LPInstitution | 7.54% | 543,631 | as of Jun 30, 2026 |
BitNile Holdings, Inc.Strategic | 5.85% | 422,000 | filed Feb 17, 2022 |
De Lisle Partners LLPInstitution | 5.61% | 404,845 | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 5.47% | 394,898 | as of Jun 30, 2026 |
Ault Global Holdings, Inc.Strategic | 5.27% | 380,000 | filed Jul 9, 2021 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 18, 2026 | Gaurav Chhibbar | officer: Chief Operating Officer | +400 | $16.94 |
| Mar 9, 2026 | Mike J. Taylor | director, officer: President / CEO / Director | +500 | $18.00 |
| Mar 3, 2026 | Mike J. Taylor | director, officer: President / CEO / Director | +400 | $18.00 |
| Feb 23, 2026 | Mike J. Taylor | director, officer: President / CEO / Director | +100 | $18.00 |
| Feb 19, 2026 | Gaurav Chhibbar | officer: Chief Operating Officer | +1,000 | $18.35 |
- Reliance
Large U.S. metals service-center network with value-added processing
- Worthington Steel
Independent carbon flat-roll processor with high-specification finishing
- Tenaris (ADR)
ERW OCTG and line-pipe producer in the same 2⅜–8⅝-inch range
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Friedman Industries | $40.03 | +0.18% | $288.2M | 10.4 | — | 0.4 | +78.1% |
| Reliance | $384.67 | +0.01% | $19.64B | 22.4 | 15.6 | 1.2 | +26.5% |
| Worthington Steel | $33.64 | +0.90% | $1.70B | 95.3 | 9.9 | 0.5 | +11.6% |
| Tenaris (ADR) | $55.94 | −0.05% | $30.03B | 15.3 | 14.5 | 2.5 | −5.1% |
| Median | 22.4 | 14.5 | 1.2 | +11.6% |